Comprehensive Problem 2 Part 8: You must complete parts 1, 2, 3, 4, 6 and 7 before attempting to complete part 8. Note: part 5 is optional 1. Prepare an income statement Dalade Crook Co Income Statement For the Year linded May 31, 20Y7 Expenses Selling expenses Check My Work 2 ore Check My Wong Total selling expenses Administrative expenses: Total administrative expenses Total expenses Net Income 2. Prepare a statement of owner's equity Paco Statement of Owner's Equity For the Year inced Mayat20Y7 Check My Work 2 more Check My Worker Next > 3. Prepare a balance sheet. Palisade Creek Co. Balance Sheet May 31, 2047 Assets Current assets: > > Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Check My Work 2 more Check My Work uses remaining Comprehensive Problem 2 Part 8: You must complete parts 1, 2, 3, 4, 6 and 7 before attempting to complete part 8. Note: part 5 is optional 1. Prepare an income statement Dalade Crook Co Income Statement For the Year linded May 31, 20Y7 Expenses Selling expenses Check My Work 2 ore Check My Wong Total selling expenses Administrative expenses: Total administrative expenses Total expenses Net Income 2. Prepare a statement of owner's equity Paco Statement of Owner's Equity For the Year inced Mayat20Y7 Check My Work 2 more Check My Worker Next > 3. Prepare a balance sheet. Palisade Creek Co. Balance Sheet May 31, 2047 Assets Current assets: > > Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Check My Work 2 more Check My Work uses remaining